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07/07/21
11:36
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Originally posted by Freddieflintoff:
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Not me, but on cash burn, i think Tesla are in trouble with the rate they go through, its the one thing that could see the arse fall out of their share price. Some punters are saying unless they get major re financing, they really could be in trouble. On DEG, totally different - they have an in ground value of discovery, like Chalice. Its a given, so long as the capex model stacks up, and from what i hear it does (WA mining, infrastructure costs, etc are a given and known) then over the life of mine they will keep going to Sophs/Instits/existing shareholders for a top up. They will also likely get taken over by a major tier 1 miner, thats the nature of the business. CPH in same boat as Tesla - both burning through huge amounts of cash, and there will be a major pinch point soon
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buhahahahhahah what is good for the goose is also good for the gander as they. I hope you can see the flaws in your logic now.